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Pricing News Daily > 12/14/18

PND is a digest of pricing focused news, thought leadership, events, jobs, training and certification resources for pricing professionals.

This Edition is brought to you by:

Vistaar

Vistaar is leading SaaS software provider that enables companies to optimize pricing, promotion, configuration, and rebate management.  Our solutions are powered by predictive models leveraged by machine learning that deliver profitable growth and maximize shareholder value.  Our world-class customer base spans a broad range of industries throughout the Global 2000 and includes: manufacturing, beverage alcohol, retailers, and many others.

 

The Biggest Rises and Falls of Bitcoin, Explained | Cointelegraph

The Biggest Rises and Falls of Bitcoin, Explained | Cointelegraph

1. November 2011 A sharp fall in the early days of Bitcoin. June 2011 had seen Bitcoin’s price hit about $32, falling precipitously to $2 over the course of five months — that’s a 94 percent drop. Many investors, unsure about what to expect in the crypto world, decided to cut their losses and get […]

 

Home loans to be transparent, but at the cost of volatile rates | Livemint

Home loans to be transparent, but at the cost of volatile rates | Livemint

Transparency journey It has been a concern even earlier that loan pricing is not transparent and transmission to retail borrowers doesn’t happen completely. This also means that when interest rates go up, they don’t come down easily for loans, but deposit rates are sticky at lower levels, so when the rates increase deposits rates don’t […]

 

Trucking rates continue to climb as carriers retain pricing power | FreightWaves

Trucking rates continue to climb as carriers retain pricing power | FreightWaves

Data on producer prices shows that overall inflation pressure calmed in November, weighed down by declines in gasoline prices. Industry detail showed that trucking rates continues to surge, however, driven by another large gain in long-distance trucking rates. The Bureau of Labor Statistics reported that the producer price index (PPI) advanced 0.1%. This exceeds consensus […]

 

Pricer’s Points: Practical Pricing in Action – Rounding Rules | Roger Cole

Pricer’s Points: Practical Pricing in Action – Rounding Rules | Roger Cole

Suppose your company, Hardly Hardware, sells hardware B2B. Hardly Hardware sells to Dealers and Industrial clients. Its product mix is nuts, bolts and fasteners, cut glass, caulks, and lots of full window replacements. What happens when you apply some rounding rules to your prices? Do your Dealers really care if they’re charged $4.84 instead of […]

 

Drug company that Rob Portman accused of price gouging will lower price of naloxone | Dispatch

Drug company that Rob Portman accused of price gouging will lower price of naloxone | Dispatch

WASHINGTON — A drug manufacturer that produces a life–saving opioid overdose drug will reduce the price of that drug after two senators — one from Ohio — complained that the company was gouging customers. Sen. Rob Portman, R–Ohio, and Sen. Tom Carper, D–Delaware, found in a Nov. 18 report that drug manufacturer kaléo increased the […]

 

A Comprehensive Guide on Getting Your SaaS Business on Mobile App | appinventiv

A Comprehensive Guide on Getting Your SaaS Business on Mobile App | appinventiv

Now that we have looked into the app type that would be best suited for Mobile SaaS companies, it is time to help you get an answer to a factor that would contribute into the future of your SaaS business – The Pricing Strategy. What Pricing Strategy Should You Fix For Your Mobile SaaS App […]

 

Generic drug prices ‘surging’ again as Brexit looms | Health Service Journal

Generic drug prices ‘surging’ again as Brexit looms | Health Service Journal

The prices of certain generic drugs are “seeing another surge” which could have a significant impact on the finances of NHS commissioners, a pharmacy body has warned. The Pharmaceutical Services Negotiating Committee, which represents community pharmacies, has also said Brexit could “trigger further price increases” which could impact patient safety. In a letter to the […]

 

Freestanding ERs in Texas May Be Misleading Patients, AARP Survey Finds | Houston Public Media

Freestanding ERs in Texas May Be Misleading Patients, AARP Survey Finds | Houston Public Media

Independent emergency care centers in Texas, commonly called freestanding emergency rooms, often provide unclear or confusing information on pricing and insurance coverage to consumers, advocates say. A recent AARP “secret shopper” survey of 213 freestanding ER facilities in Texas found less than half were able to answer a simple “yes” or “no” question about health […]

 

Webinar (On-Demand): Value-Based Pricing foundation done right – Conjoint Analysis | PriceBeam

Value-Based Pricing is considered a superior strategy for most industries and businesses. But it also requires a solid foundation of data and market insights. In this webinar we will take an in-depth look at the powerful insights that can be created through price research, in particular using conjoint analysis

Participants and viewers will learn about:

  • How Value-Based Pricing can be supported with price research
  • Different price research methods
  • How Conjoint Analysis can provide powerful insights and support for a Value-Based Pricing strategy
  • Tips and tricks for running a conjoint analysis price research project.

 

Webinar (On-Demand): Machine Learning & Data – The Latest Pricing Opportunity | PPS and Vistaar

In today’s ever-evolving world, data and software driven strategies are imperative to creating sustained commercial success.

Computers are more adept than humans at sorting through data with complex variables such as frequently fluctuating costs, rapidly evolving pricing models, and shifting customer priorities. Modern pricing software solutions, powered by advanced algorithms and machine learning techniques, enable businesses to constantly analyze data on an unparalleled scale and drive decision making based on data.

In this PPS webinar, Vistaar’s Director of Product Management, Dushyant Zutshi, discusses how advanced algorithms and machine learning techniques drive intelligent pricing and sales strategies for success in the data-driven world.

 

30th Annual Spring Workshops & Conference May 7-10, 2019 | PPS

We are excited to announce we’ll be in Atlanta, GA for our 30th Annual Spring Pricing Workshops & Conference May 7-10, 2019! You can register now and take advantage of our Early Bird Offer (Buy 2 Get 1 Free, expires March 29th).

 

Explore our collection of valuable pricing resources including:

Find a Job

Find your next Pricing Adventure by searching our job board that includes pricing team openings at great companies like PayPal, Owns Corning, RR Donnelley, and Conagra Brands.

Post a Job

We want to help you find great candidates for no charge – find your next Pricing Team member by posting your job today.

 

Pricing News on LinkedIn

Join 1,000’s of your peers in the our LinkedIn discussion group. The group features informative pricing strategy and technology focused news, events, resources, thought leadership, and discussions about the latest pricing strategy, tactics, and tech successes and failures in the news.

 

 

“The single most important decision in evaluating a business is pricing power,” Buffett told the Financial Crisis Inquiry Commission in an interview released by the panel last week. “If you’ve got the power to raise prices without losing business to a competitor, you’ve got a very good business. And if you have to have a prayer session before raising the price by 10 percent, then you’ve got a terrible business.”

     – Warren Buffett

Posted in: Pricing News Daily